Brick+Work

South Gate 88k sq. ft. Lot, 121 Live/Work Unit Potential

South Gate

South Gate 88k sq. ft. Lot, 121 Live/Work Unit Potential

APN: 6221026020

$

Tweedy SP - IF
Zone/District
121
Max Unit
87,991 sq. ft.
Lot Size
No
TOC
1
Lots
Existing Conditions
Floor Area 0 sq. ft.
Units 0
Year Constructed N/A
Assessed Improvement Value $0
Assessed Land Value $4,036,752
Development Potential (By-Right)
Maximum FAR 2:1
Maximum Height
Feet

50 ft.

Stories

4

Minimum Setbacks
Front

0 ft.

Side

0 ft./15 ft.

15 ft. along southern property line

Back

0 ft.

Max Buildable Area, Footprint 80,294 sq. ft.
Max Buildable Area, Envelope 175,982 sq. ft.
Max Dwelling Units 80
Affordable Units Required None
Parking Required 2 per dwelling unit, shall be enclosed
Required Bicycle Parking
Long Term 1 space for every 2 dwelling units
Short Term 1 space for every 10 dwelling units
Transitional Height Limitations None required
Required Open Space At least 50% of all residential dwelling units shall provide private open space on a balcony, patio, or roof terrace. Each project shall provide at least one community room of at least 500 sq. ft. 20% of lot area shall be dedicated as common open space
Other Development Notes Only permitted residential uses are Live/Work units, supportive housing, and transitional housing.
Development Potential (with TOC or DB)
Maximum FAR 2.5:1
Maximum Height
Feet

65 ft.

Stories

5

Minimum Setbacks
Front

0 ft.

Side

0 ft./15 ft.

15 ft. along southern property line

Back

0 ft.

Max Buildable Area, Footprint 80,294 sq. ft.
Max Buildable Area, Envelope 219,978 sq. ft.
Max Dwelling Units 121
Affordable Units Required None required
Parking Required 2 per dwelling unit, shall be enclosed
Required Bicycle Parking
Long Term 1 space for every 2 dwelling units
Short Term 1 space for every 10 dwelling units
Transitional Height Limitations None required
Required Open Space At least 50% of all residential dwelling units shall provide private open space on a balcony, patio, or roof terrace. Each project shall provide at least one community room of at least 500 sq. ft. 20% of lot area shall be dedicated as common open space
Other Development Notes -Only permitted residential uses are Live/Work units, supportive housing, and transitional housing. -Max bonus provisions provided through the allocation of public resources pursuant to South Gate Municipal Code Section 11.23.090
Jurisdictional
Legal Description TR=2778 S 182.57 FT MEASURED ON W AND W 537.32 FT MEASURED ON S EX STS LOT 9
Land Use Light Industrial
Area Planning Commission N/A
Community Plan Area N/A
Neighborhood Council N/A
Council District N/A
Councilmember N/A
Red Flags
Property is subject to the requirements of the Tweedy Boulevard Specific Plan, which could limit the development potential of the site.
BRICK+WORK Analyzer
Calculator
Please Enter Land Cost.
Please Enter Average Rents in Area.
Ask Administrator to enter the required values for the calculation of Financial Analyser.
Particulars By-Right TOC or DB
Total Buildable
Net Buildable
Average Construction Cost
Total Construction Budget
Total Soft Costs
Total Development Budget
Gross Annual Rents
Expenses (25%)
NOI
Valuation
Equity After Completion
Equity Multiple
IRR

Property Report Disclaimer

All data are obtained from government sources. No attempt has been made to verify the data’s accuracy.

This report is for informational purposes only. Do not rely on this report to support real estate or investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was obtained.

By publishing this property, you represent and warrant that you have obtained the authorization from the property owner to market this property AND to take actions on behalf of the property owner.